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    Property profile & analytics

    Parking Lot Lot Princeton, MN 55371

    • Commercial land
    • 0.79 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Dec 21, 2023
    $1,550,000
    Location Intelligence
    Property ID
    US46-1849116
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial land

    Property Details for Parking Lot Lot

    Lot size
    0.79 lot acres
    Property type
    Commercial land
    APN
    24-033-0760
    APU
    240330760

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Princeton
    County
    Mille Lacs
    State
    Minnesota
    Longitude
    -93.5831
    Latitude
    45.5594
    CBSA code
    33460
    CBSA name
    MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $236
    $6,600
    $0.00
    $6,600
    -
    $6,600
    $0.00
    $6,600

    Comparable in this City

    • Value Estimation by Request
      0.69 Acres

      Princeton, MN 55371

      VACANT COMMERCIAL LAND • 0.69 Acres
      Princeton, MN 55371
      View Details
    • Value Estimation by Request

      300 19th N Ave

      VACANT COMMERCIAL LAND
      300 19th N Ave, Princeton, MN 55371-4772
      View Details
    • Value Estimation by Request
      0.69 Acres

      12536 314th NW Ave

      VACANT COMMERCIAL LAND • 0.69 Acres
      12536 314th NW Ave, Princeton, MN 55371-3446
      View Details
    • Value Estimation by Request
      3.16 Acres

      Princeton, MN 55371

      VACANT COMMERCIAL LAND • 3.16 Acres
      Princeton, MN 55371
      View Details
    • Value Estimation by Request

      Princeton, MN 55371

      VACANT COMMERCIAL LAND
      Princeton, MN 55371
      View Details
    • Value Estimation by Request

      Princeton, MN 55371

      VACANT COMMERCIAL LAND
      Princeton, MN 55371
      View Details

    Similar Nearby for Sale

    • $1,600,000

      Princeton Commercial Land Opportunity

      31.39 acres of commercially zoned land for sale.
      12235 323Rd Ave, Princeton, MN 55371
      View Details
    • $391,686

      Princeton Land For Sale

      13.95 acres of divisible land with highway visibility.
      1001 14Th Ave S, Princeton, MN 55371
      View Details
    • $1,495,000
      13,000 SF

      Commercial Land with Shop Buildings

      Highway 169 frontage with shop buildings and commercial land.
      10595 90Th St, Princeton, MN 55371
      View Details
    • $408,317

      Princeton Land for Sale

      13.95 acres of divisible land with highway visibility.
      14Th Ave S, Princeton, MN 55371
      View Details
    • $259,000
      0.98 Acres

      Commercial Land Near Highway

      Commercial land with highway exposure in Princeton, Minnesota.
      300 19Th Ave N, Princeton, MN 55371
      View Details
    • $99,900
      1.32 Acres

      Commercial Land on Rum River

      1.32 acre commercial land for sale in Princeton, Minnesota.
      N Rum River Dr, Princeton, MN 55371
      View Details

    Similar Nearby for Lease

    • $19 SF/Yr
      3,520 SF

      Highway Accessible Retail Opportunity

      Former gas station, fuel pumps removed, drive-thru opportunity.
      906 S Rum River Dr, Princeton, MN 55371
      View Details
    • $12 SF/Yr
      518 SF

      Office Spaces Available For Rent

      Office spaces available, ranging from 518 to 1835 square feet.
      110-114 S Rum River Dr, Princeton, MN 55371
      View Details
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    Parking Lot Lot
    Princeton, MN 55371
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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